(Bloomberg) — Synopsys Inc. is in advanced talks to acquire engineering software provider Ansys Inc. for about $35 billion, people with knowledge of the matter said.
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Synopsys is discussing paying about $400 a share for Ansys, in a deal that could be announced as soon as next week, according to the people, who asked to not be identified because the details aren’t public. A final agreement hasn’t been reached and talks could still fall through or the terms could change, the people added.
A spokesperson for Synopsys declined to comment. A representative for Ansys didn’t immediately respond to a request for comment.
Shares in Ansys have risen 17% since Bloomberg News reported last month that the Canonsburg, Pennsylvania-based company was exploring a sale. Ansys has a market value of about $30 billion.
A takeover of Ansys would be one of the largest transactions globally of the past 12 months and provide an early boost for dealmakers in 2024 as they seek to…
2024-01-05 14:37:31
Link from finance.yahoo.com
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